FY2025 EPS Estimates for NuVista Energy Raised by Cormark

NuVista Energy Ltd. (TSE:NVA) – Stock analysts at Cormark lifted their FY2025 EPS estimates for NuVista Energy in a report released on Thursday, August 7th. Cormark analyst K. Baim now expects that the company will post earnings per share of $1.56 for the year, up from their previous forecast of $1.49. The consensus estimate for NuVista Energy’s current full-year earnings is $1.07 per share.

A number of other research analysts have also weighed in on NVA. Desjardins raised NuVista Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, May 12th. National Bankshares lifted their target price on NuVista Energy from C$16.00 to C$18.60 and gave the company an “outperform” rating in a report on Thursday. Royal Bank Of Canada lifted their price target on NuVista Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Monday, June 30th. Raymond James Financial downgraded NuVista Energy from a “moderate buy” rating to a “hold” rating and set a C$17.00 price target for the company. in a research report on Thursday, July 3rd. Finally, National Bank Financial upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$17.43.

NuVista Energy Price Performance

NVA opened at C$14.30 on Monday. The company has a market capitalization of C$2.93 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 0.59 and a beta of 2.57. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 14.11. The firm has a 50-day moving average price of C$14.54 and a 200-day moving average price of C$13.27. NuVista Energy has a twelve month low of C$10.34 and a twelve month high of C$16.11.

Insider Buying and Selling

In other news, Senior Officer Ryan Daniel Paulgaard sold 10,000 shares of the firm’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$15.46, for a total transaction of C$154,600.00. Also, Senior Officer Joshua Thomas Truba sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of C$15.45, for a total transaction of C$339,900.00. Insiders sold 236,437 shares of company stock valued at $3,441,605 over the last 90 days. 20.25% of the stock is currently owned by company insiders.

About NuVista Energy

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen.